ATM-A2 MILK

[winner (n)]

Bell Potter downgrades A2 Milk from Buy to Hold

Haven't Bell Potter been one of A2's greatest supporters for years

[Hectorplains]

Haven't Bell Potter been one of A2's greatest supporters for years

Maybe they're recognizing that A2 has a lot of work ahead, starting with their problem children SML and MVM.  2025 looms as the key year in that SML relationship.  Lots of money needed for Mataura projects .  Anecdotally, the first of these; the new boiler is running behind time and over budget. 

[Breezy]

Maybe they're recognizing that A2 has a lot of work ahead, starting with their problem children SML and MVM.  2025 looms as the key year in that SML relationship.  Lots of money needed for Mataura projects .  Anecdotally, the first of these; the new boiler is running behind time and over budget. 

Best to just ignore all analysts ever changing targets, they do it purely for their own benefits and at the end of the day they adjust their targets to align with changing share prices, they don't determine them.

[BlackPeter]

Best to just ignore all analysts ever changing targets, they do it purely for their own benefits and at the end of the day they adjust their targets to align with changing share prices, they don't determine them.

Analysts can't predict the future. Nobody can. Full Stop.

Any large enough group of people contains some idiots, some crooks but as well some geniuses and some people of high integrity, no matter whether we talk about analysts, clerics (any religion), policemen, teachers, nurses or any other profession, sex, ethnicity or any other group.

This beating up of individual groups is just inappropriate and plainly wrong. Any generalisation is.

[CG]

Maybe they're recognizing that A2 has a lot of work ahead, starting with their problem children SML and MVM.  2025 looms as the key year in that SML relationship.  Lots of money needed for Mataura projects .  Anecdotally, the first of these; the new boiler is running behind time and over budget. 

How far behind and how much over budget are they currently running? Thanks

[Hectorplains]

They're still on site prep and early construction, which I understand was supposed to be wrapped up in late February.   I have a mate doing contract work on it, that was his summation.  He thinks they'll be doing well to have it operational this year.

[Breezy]

Analysts can't predict the future. Nobody can. Full Stop.

Any large enough group of people contains some idiots, some crooks but as well some geniuses and some people of high integrity, no matter whether we talk about analysts, clerics (any religion), policemen, teachers, nurses or any other profession, sex, ethnicity or any other group.

This beating up of individual groups is just inappropriate and plainly wrong. Any generalisation is.

Your last sentence in particular sounds very Woke to me, im talking about ever changing targets not an individual person here.

[CG]

They're still on site prep and early construction, which I understand was supposed to be wrapped up in late February.   I have a mate doing contract work on it, that was his summation.  He thinks they'll be doing well to have it operational this year.

Ah, okay. It seems your mate's summation is not far from what the company says in official news letter - "Site preparation and initial construction works will be fully under way next (February) month" and if I recall correctly from their FY report it should be in operation by end of the year. So, it seems so far it's on time. Still not sure about budget though.

[Minimoke]

Maybe they're recognizing that A2 has a lot of work ahead, starting with their problem children SML and MVM.  2025 looms as the key year in that SML relationship.  Lots of money needed for Mataura projects .  Anecdotally, the first of these; the new boiler is running behind time and over budget. 

I don't think there wil be a SML / a2 relationship in 2025. I cant see SML, in its current form, lasting that long

[Hectorplains]

SMH "the long & short of it" profile this morning

[Hectorplains]

I don't think there wil be a SML / a2 relationship in 2025. I cant see SML, in its current form, lasting that long

A2 started talking last year about the need to be build an end to end supply chain. Where SML fits in that is less clear?  Obviously, Synlait is A2's exclusive IF manufacturer for the Chinese, Australian and New Zealand markets until 2025.  More importantly SML holds the Chinese SAMR regulatory license for A2 IF.  The terms of the A2 - SML relationship have hitherto been most favourably weighted in A2's favour.  A2's big talk of a 5 year plan to build and operate factories has so far yielded the start of boiler conversion from coal to electric.  This is a green wash project.  The boiler is less than 5 years old and perfectly functional as it is.  A2 have flagged a whole lot of expensive building and regulatory work ahead.

[winner (n)]

How much is the taxpayer contributing (EECA) to the boiler conversion?

[CG]

How much is the taxpayer contributing (EECA) to the boiler conversion?

$5 million

[BlackPeter]

Your last sentence in particular sounds very Woke to me, im talking about ever changing targets not an individual person here.

If you call it "woke" if somebody puts non sensical and wrong generalisations right, than "woke" must be a good thing ;

Cheers for that ...

[Left Field]

Latest research proving what most of us now accept......and this research funded by Nestle

https://www.mdpi.com/2072-6643/15/6/1313

Conclusion: Growing-up milk containing only A2 β-casein were well-tolerated and associated with lower parent-reported constipation scores after two weeks when compared to conventional milks. In healthy toddlers with minor GI distress, A2 GUM improved overall digestive comfort and GI-related symptoms within one week.